⬆️ Number 3 Has Changed in the Meme Coin World! 🌍
Solana-based Dogwifhat has reached an important point with its rise today. Dog-themed tokens such as Floki (FLOKI) and WIF also took action with the rise of Dogecoin. WIF has surpassed Pepecoin (PEPE) to become the third largest memecoin by market cap. In addition, the fact that it exceeded the 4 dollar limit was greeted with enthusiasm in the cryptocurrency world.
Meme Coins Increased By 8%
A significant increase in meme coins has been on the agenda of the market today. On the other hand, some speculation inevitably affected the DOGE price. For example, speculation that DOGE's X social application would be used in an upcoming payment service brought a 15% increase in Dogecoin.
In a Telegram post on Friday, Singapore-based QCP Capital said, “The price rally was exponential in the first quarter and there are signs of exhaustion. We think there could be an 8% down for ETH. Therefore, we see that there is some fear in the market. Funding rates remain very high, which means speculators are still paying high prices to maintain their long positions with leverage,” the statement said. Finally, the company emphasized, 'While we continue the upward trend, we are cautious about leverage.'
Dogwifhat ($WIF ) Reached This Market Value
When we look at the price of Dogwifhat while writing the article, the price has withdrawn a little after seeing the 4.03 dollar level. WIF price is trading at $3.68 today. Meme coin Dogwifhat (WIF) has reached a market capitalization of $3.6 billion after the price increase.
With this market capitalization, WIF has become the 38th largest in the cryptocurrency world. This is a remarkable development in terms of showing how important the meme coin world is in cryptocurrencies.
